Memphis city: Median Household Income Trend
How Memphis city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$39,844
2023
$60,884
Total change
+$21,040
% change
+52.8%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $39,844 | — |
| 2019 | $52,083 | +$12,239 (30.7%) |
| 2020 | $53,542 | +$1,459 (2.8%) |
| 2021 | $52,868 | $674 (-1.3%) |
| 2022 | $58,423 | +$5,555 (10.5%) |
| 2023 | $60,884 | +$2,461 (4.2%) |